Webinar discusses e-commerce opportunities in Singapore, regional countries
A webinar on e-commerce opportunities in Singapore and countries in the region for Vietnamese goods was held on July 21 by the Vietnam Trade Office in Singapore, the Ministry of Industry and Trade’s Department of Asia-Africa Markets and the Vietnam E-Commerce and Digital Economy Agency (iDEA).
Hanoi (VNA) – A webinar on e-commerce opportunities in Singapore andcountries in the region for Vietnamese goods was held on July 21 by the Vietnam Trade Office in Singapore, the Ministry of Industry and Trade’s Department of Asia-Africa Markets and the Vietnam E-Commerce and Digital Economy Agency (iDEA).
The event was part of a promotion programme to bringmore Vietnamese goods to Singapore and regional countries, contributing toattracting foreign investment in industries related to e-commerce, facilitatingjoint ventures between both countries, and promoting cross-border connectivity in payment, goodstransportation, logistics and customs.
Speaking at the event, Vietnamese Ambassador to SingaporeMai Phuoc Dung said Singapore is now Vietnam’s fifth biggest tradepartner in ASEAN. Two-way trade reached 9.1 billion USD last year, up 11.6%annually.
He added that the Vietnamese Government considerse-commerce one of the pioneering fields in the digital economy. The PrimeMinister has issued a decision approving a comprehensive plan for the developmentof the national e-commerce for the 2021-2025 period, with specific goals and measures.
Commercial Counsellor Cao Xuan Thang, head of the VietnamTrade Office in Singapore, advised firms to keep updated on e-commercetrends in Singapore, such as e-commerce for smartphones, live streaming,commerce on social media, online payments and voice commerce.
Head of the iDEA’s International Cooperation Office BuiThanh Hang spoke about Vietnam's regulations on e-commerce, mechanisms to facilitatee-commerce and digital economy in Vietnam, and the goals of Vietnam'se-commerce development programme until 2025.
🎉 The event attracted about 280 representatives from Vietnamese enterprises andSingaporean partners, including manufacturers, farms, trading companies, softwareand technology solution providers, printing and packaging companies,wholesalers, retailers, garment and household appliance companies, legalconsultancy firms, digital transformation companies, investment firms, researchinstitutions and business associations./.
Online exports are seen as a “launchpad” that helps businesses maintain sustainable revenue and increase exports in the context of rising inflation and consumers tightening their spending, according to insiders.
The vigorous growth of e-commerce in recent years has created a golden opportunity for businesses to enter the export market more conveniently, heard a workshop on supporting businesses to participate in cross-border e-commerce in the Association of Southeast Asian Nations (ASEAN) in Ho Chi Minh City on June 21.
Local e-commerce floors in the 63 provinces and cities in Vietnam will connect with one another through a national integrated e-commerce floor, according to the Vietnam E-commerce and Digital Economy Agency under the Ministry of Industry and Trade.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Illustrative image (Photo: Martech) 
